Park National Corporation (PRK) Key Metrics
PRK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.23B
- Enterprise value
- $2.80B
- P/E (TTM)
- 16.0 10-yr median 15.9
- Forward P/E
- 23.7
- PEG ratio
- 3.47
- Price / sales
- 5.3 10-yr median 4.1
- Price / book
- 1.9 10-yr median 2.0
- EV / EBITDA
- — 10-yr median 5.9
- Dividend yield
- 2.46% $4.40 a year
- Beta
- 0.71
PRK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsPRK valuation Price multiples at each fiscal year-end price.
PRK returns How much profit the business earns on the capital it uses.
PRK per-share figures Results divided by the shares outstanding at year-end.
PRK financial health Debt, liquidity and how easily interest is covered.
PRK efficiency & capital use Working capital cycle and where the cash goes.
PRK valuation history
PRK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PRK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PRK cash returned to shareholders
PRK price vs earnings per share
PRK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.46B | $2.78B | $2.16B | $2.30B | $2.26B | $1.72B | $1.67B | $1.33B | $1.60B | $1.84B |
| Enterprise value | $2.42B | $1.92B | $1.03B | $1.02B | $723.3M | $871.7M | $754.7M | $792.5M | $1.24B | $1.57B |
| P/E ratio | 13.7 | 18.4 | 17.0 | 15.5 | 14.7 | 13.5 | 16.3 | 12.0 | 19.0 | 21.4 |
| Price / sales | 3.7 | 4.3 | 3.8 | 4.5 | 4.7 | 3.6 | 3.7 | 3.2 | 4.3 | 5.6 |
| Price / book | 1.8 | 2.2 | 1.9 | 2.2 | 2.0 | 1.7 | 1.7 | 1.6 | 2.1 | 2.5 |
| Price / free cash flow | 12.8 | 16.4 | 15.1 | 18.1 | 15.7 | 20.8 | 17.4 | 10.9 | 19.8 | 22.9 |
| Price / operating cash flow | 12.4 | 15.6 | 14.3 | 17.1 | 14.3 | 15.4 | 15.1 | 10.0 | 18.2 | 21.0 |
| EV / sales | 3.6 | 3.0 | 1.8 | 2.0 | 1.5 | 1.8 | 1.6 | 1.9 | 3.3 | 4.8 |
| EV / EBITDA | 10.4 | 9.8 | 6.2 | 5.3 | 3.6 | 5.3 | 5.6 | 5.7 | 9.8 | 12.0 |
| EV / free cash flow | 12.6 | 11.3 | 7.2 | 8.1 | 5.0 | 10.5 | 7.9 | 6.5 | 15.4 | 19.6 |
| Earnings yield | 7.3% | 5.4% | 5.9% | 6.4% | 6.8% | 7.4% | 6.1% | 8.3% | 5.3% | 4.7% |
| Free cash flow yield | 7.8% | 6.1% | 6.6% | 5.5% | 6.4% | 4.8% | 5.8% | 9.2% | 5.1% | 4.4% |
| Dividend yield | 3.7% | 2.8% | 3.2% | 3.3% | 3.3% | 4.1% | 4.1% | 4.8% | 3.6% | 3.1% |
| Shareholder yield (dividends + buybacks) | 4.5% | 2.9% | 4.3% | 4.0% | 4.0% | 4.5% | 6.6% | 5.2% | 4.1% | 3.1% |
| Share price at fiscal year-end | $152.18 | $171.43 | $132.86 | $140.75 | $137.31 | $105.01 | $102.38 | $84.95 | $104.00 | $119.66 |
| Per share | ||||||||||
| Revenue per share | $41.05 | $39.74 | $34.73 | $31.42 | $28.97 | $29.46 | $28.03 | $26.39 | $24.23 | $21.24 |
| Earnings per share | $11.13 | $9.32 | $7.80 | $9.06 | $9.37 | $7.80 | $6.29 | $7.07 | $5.47 | $5.59 |
| Operating cash flow per share | $12.25 | $11.01 | $9.26 | $8.24 | $9.58 | $6.80 | $6.80 | $8.52 | $5.72 | $5.71 |
| Free cash flow per share | $11.86 | $10.44 | $8.79 | $7.76 | $8.72 | $5.06 | $5.89 | $7.78 | $5.26 | $5.22 |
| Cash per share | $8.48 | $71.23 | $95.45 | $117.53 | $120.14 | $87.14 | $83.88 | $74.99 | $82.06 | $91.18 |
| Book value per share | $83.59 | $76.57 | $70.48 | $65.33 | $67.63 | $63.40 | $59.34 | $53.33 | $49.13 | $48.18 |
| Tangible book value per share | $73.58 | $65.68 | $59.47 | $55.22 | $56.53 | $52.36 | $48.25 | $45.01 | $43.80 | $42.88 |
| Dividends per share | $5.56 | $4.77 | $4.24 | $4.68 | $4.52 | $4.29 | $4.23 | $4.04 | $3.74 | $3.74 |
| Capex per share | $0.39 | $0.57 | $0.47 | $0.48 | $0.86 | $1.75 | $0.91 | $0.74 | $0.46 | $0.48 |
| Debt per share | $6.10 | $18.26 | $26.20 | $39.31 | $26.87 | $35.26 | $27.72 | $40.80 | $58.89 | $73.62 |
| Shares outstanding | 16.2M | 16.2M | 16.2M | 16.4M | 16.4M | 16.4M | 16.3M | 15.6M | 15.4M | 15.4M |
| Change in shares outstanding | −0.4% | −0.0% | −0.7% | −0.4% | +0.1% | +0.5% | +4.6% | +1.4% | −0.1% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 13.9% | 12.7% | 11.4% | 13.6% | 14.3% | 12.7% | 11.4% | 13.9% | 11.2% | 11.8% |
| Return on invested capital (ROIC) | 21.2% | 75.1% | — | — | — | 106.2% | 58.5% | 31.6% | 19.3% | 27.0% |
| Return on assets (ROA) | 1.8% | 1.5% | 1.3% | 1.5% | 1.6% | 1.4% | 1.3% | 1.4% | 1.1% | 1.2% |
| Return on tangible assets | 1.9% | 1.6% | 1.3% | 1.5% | 1.6% | 1.4% | 1.2% | 1.4% | 1.1% | 1.2% |
| Free cash flow margin | 28.9% | 26.3% | 25.3% | 24.7% | 30.1% | 17.2% | 21.0% | 29.5% | 21.7% | 24.6% |
| Income quality (OCF / net income) | 1.10 | 1.18 | 1.19 | 0.91 | 1.02 | 0.87 | 1.08 | 1.20 | 1.04 | 1.02 |
| Financial health | ||||||||||
| Total debt | $98.8M | $296.6M | $425.8M | $643.4M | $441.3M | $578.6M | $452.6M | $637.0M | $906.3M | $1.13B |
| Cash & short-term investments | $137.2M | $1.16B | $1.55B | $1.92B | $1.97B | $1.43B | $1.37B | $1.17B | $1.26B | $1.40B |
| Net debt | −$38.5M | −$860.6M | −$1.13B | −$1.28B | −$1.53B | −$851.3M | −$917.0M | −$533.7M | −$356.6M | −$270.5M |
| Debt / equity | 0.07 | 0.24 | 0.37 | 0.60 | 0.40 | 0.56 | 0.47 | 0.77 | 1.20 | 1.53 |
| Debt / assets | 0.01 | 0.03 | 0.04 | 0.07 | 0.05 | 0.06 | 0.05 | 0.08 | 0.12 | 0.15 |
| Net debt / EBITDA | −0.17 | −4.37 | −6.71 | −6.59 | −7.60 | −5.14 | −6.85 | −3.82 | −2.81 | −2.06 |
| Current ratio | 2.04 | 0.17 | 0.51 | 8.47 | 0.27 | 0.20 | 0.21 | 0.17 | 0.19 | 0.21 |
| Quick ratio | 2.04 | 0.17 | 0.48 | 8.46 | 0.31 | 0.26 | 0.25 | 0.17 | 0.19 | 0.21 |
| Interest coverage | 2.1 | 1.5 | 1.6 | 5.8 | 11.8 | 5.1 | 2.0 | 3.0 | 2.8 | 3.9 |
| Working capital | $87.5M | −$6.83B | −$1.74B | $1.70B | −$5.99B | −$6.34B | −$5.76B | −$5.76B | −$5.48B | −$5.25B |
| Invested capital | $1.31B | $383.2M | $19.9M | −$210.8M | −$421.2M | $189.0M | $52.0M | $298.8M | $399.5M | $471.7M |
| Tangible asset value | $1.19B | $1.07B | $966.4M | $903.7M | $928.4M | $859.2M | $787.8M | $702.6M | $674.1M | $660.6M |
| Net current asset value | −$8.28B | −$7.15B | −$6.91B | −$6.86B | −$6.29B | −$6.66B | −$6.06B | −$5.78B | −$5.49B | −$5.30B |
| Graham number | $144.66 | $126.72 | $111.21 | $115.44 | $119.42 | $105.46 | $91.64 | $92.11 | $77.79 | $77.86 |
| Graham net-net per share | −$512.18 | −$452.74 | −$433.48 | −$417.67 | −$404.18 | −$428.08 | −$387.42 | −$370.47 | −$357.45 | −$344.42 |
| Capital allocation | ||||||||||
| Dividends paid | $89.9M | $77.5M | $69.0M | $76.6M | $74.3M | $70.4M | $69.1M | $63.0M | $57.5M | $57.7M |
| Share buybacks (net) | $20.1M | $3.1M | $23.0M | $15.3M | $16.0M | $7.5M | $40.5M | $5.8M | $7.4M | $0 |
| Dividend payout ratio | 49.9% | 51.2% | 54.4% | 51.6% | 48.3% | 55.0% | 67.3% | 57.1% | 68.2% | 66.9% |
| Dividends + buybacks / free cash flow | 57.3% | 47.5% | 64.4% | 72.4% | 63.1% | 93.8% | 114.1% | 56.7% | 80.1% | 71.7% |
| Capex / revenue | 1.0% | 1.4% | 1.3% | 1.5% | 3.0% | 5.9% | 3.3% | 2.8% | 1.9% | 2.3% |
| Capex / operating cash flow | 3.2% | 5.1% | 5.0% | 5.9% | 9.0% | 25.6% | 13.4% | 8.7% | 8.0% | 8.5% |
| Capex / depreciation | 0.57 | 0.75 | 0.54 | 0.57 | 1.06 | 2.65 | 1.63 | 1.34 | 0.81 | 0.89 |
| Stock-based compensation / revenue | 1.3% | 1.2% | 1.4% | 1.4% | 1.7% | 1.5% | 1.4% | 1.2% | 1.1% | 0.9% |
| SG&A / revenue | 31.2% | 31.3% | 34.5% | 35.9% | 37.7% | 36.7% | 36.1% | 35.1% | 34.3% | 37.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 27.7 | 36.6 | 31.7 | 27.9 | 35.8 | 39.1 | 31.7 | 22.3 | 23.1 | 24.3 |
| Days of inventory on hand | — | — | 178.4 | -1,985.2 | -40,378.6 | -3,457.2 | -785.4 | -18.5 | -22.2 | -33.7 |
| Days payables outstanding | 18.3 | 19.3 | 18.6 | 33.7 | 314.8 | 29.4 | 14.7 | 17.3 | 15.8 | 24.8 |
| Cash conversion cycle (days) | 9.3 | 17.3 | 191.5 | -1,991.0 | -40,657.6 | -3,447.4 | -768.4 | -13.5 | -14.9 | -34.1 |
| Receivables turnover | 13.19 | 9.98 | 11.52 | 13.08 | 10.20 | 9.33 | 11.51 | 16.34 | 15.79 | 15.01 |
| Payables turnover | 19.89 | 18.95 | 19.61 | 10.83 | 1.16 | 12.42 | 24.83 | 21.15 | 23.13 | 14.73 |
| Inventory turnover | — | — | 2.05 | — | — | — | — | — | — | — |
| Asset turnover | 0.07 | 0.07 | 0.06 | 0.05 | 0.05 | 0.05 | 0.06 | 0.05 | 0.05 | 0.04 |
| Average receivables | $50.4M | $64.7M | $49.0M | $39.3M | $46.7M | $51.8M | $39.8M | $25.2M | $23.6M | $21.8M |
| Average payables | $6.0M | $7.4M | $5.2M | $3.3M | $3.5M | $3.4M | $2.8M | $2.5M | $2.2M | $2.2M |
| Average inventory | — | — | $49.6M | −$194.4M | −$447.4M | −$399.2M | −$148.3M | −$2.6M | −$3.1M | −$3.0M |
| Intangibles / total assets | 1.7% | 1.8% | 1.8% | 1.7% | 1.9% | 2.0% | 2.1% | 1.7% | 1.1% | 1.1% |
Computed from PRK's annual financial statements (latest annual report filed February 23, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
PRK valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Park National traded at 13.7 times earnings, against a 10-year median of 15.9. Based on the latest twelve months, the trailing P/E is 16.0 and the forward P/E is 23.7. Park National earned a return on equity of 13.9% and a return on invested capital of 21.2% in fiscal 2025. It ended the year with $98.8 million of debt and $137.2 million in cash and short-term investments, a net cash position of $38.5 million. It returned $110.1 million to shareholders: $89.9 million in dividends and $20.1 million in share buybacks, 57% of free cash flow. The share count rose 5.1% from 15.4M to 16.2M over 9 years.
See the PRK income statement, the PRK chart for price history, or the PRK stock overview for the latest quote and news.
PRK key metrics FAQ
What is Park National's P/E ratio?
Park National's trailing P/E ratio is 16.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 23.7. At the end of fiscal 2025 it was 13.7, compared with a 10-year median of 15.9.
What is Park National's EV/EBITDA?
Park National's enterprise value was 10.4 times EBITDA at the end of fiscal 2025 (enterprise value $2.4 billion, EBITDA $232.5 million).
What is Park National's return on equity?
Park National's return on equity (ROE) was 13.9% in fiscal 2025: net income of $180.1 million on average shareholders' equity of $1.3 billion.
What is Park National's ROIC?
Park National's return on invested capital was 21.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Park National have?
Park National had total debt of $98.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.07 and more cash than debt.
What is Park National's dividend yield?
Park National's forward dividend yield is 2.46%. Park National paid $89.9 million in dividends in fiscal 2025 ($5.56 per share), a payout ratio of 49.9%.
Does Park National buy back its shares?
Yes. Park National spent $20.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.4% over the year, to 16.2M..
What is Park National's free cash flow yield?
Park National generated $191.9 million of free cash flow in fiscal 2025, a free cash flow yield of 7.8% on its market value at year-end ($2.5 billion).
What is Park National's current ratio?
Park National's current ratio was 2.04 at the end of fiscal 2025: current assets were 2.04 times current liabilities.